Question
Assume you are a financial manager of a Fortune 500 company. Your firm is planning to expand into new markets; hence, you need to borrow
Assume you are a financial manager of a Fortune 500 company. Your firm is planning to expand into new markets; hence, you need to borrow $100 million within the next year. Answer the following questions in detail: a. Describe the ways you can borrow the $100 million. b. If you decide to issue debt securities, describe the types of financial institutions that may purchase these securities. c. Discuss how individuals indirectly provide the financing for your firm when they maintain deposits at depository institutions, invest in mutual funds, purchase insurance policies, or invest in pensions.
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